Identify the stage of the rational decision-making process illustrated by the situation. Your goal was to capture at least 25% market share by the end of the year, but with six months to go you have only 15% market share.
Identify the problem
State the situational goal
Generate alternatives
Read this brief case study and answer the question that follows.
CASE STUDY
Your candy making company is at a crossroads. You have maxed out your current production capacity, but think that there may be a new opportunity in custom fruity nut caramel clusters that could be very profitable to the company. You think through your options, and decide that you would like to expand your company to include this high potential new product.
As the production line for the custom fruity nut caramel clusters is being implemented you realize that if you do it slightly differently than you originally decided you can produce 10% more candy every hour.
Choose an alternative
Evaluate alternatives
Control
Although you thought that paying high performers significantly more than low performers best motivated your employees, when you looked at the data you found that wide disparities in pay actually weakened trust among team members and the social connectivity that contributes to strong team- based decision-making.
Alternative generation
Choose an alternative
Evidence-based management

Answers

Answer 1

1. The stage of the rational decision-making process illustrated by the situation is B. State the situational goals.

What is rational decision-making?

Rational decision-making involves the following seven steps:

Identify the decision (state the goals)Gather relevant informationIdentify the alternativesWeigh the evidenceChoose among the alternativesTake actionReview your decision.

What is a situational goal?

A situational goal concentrates on assessing individuals for their strengths, skills, and levels of maturity in achieving stated the goal.

Thus, stating the situational goals is one of the stages of the rational decision-making process.

2. When the candy-making company comes to a crossroads, with an expansion decision that changes midway, what you are doing is C. Control.

What is Control in Management?

In management, control checks errors so that corrective actions are taken timely.

Implementing this function of management helps the organization to avoid deviations that can ruin the attainment of its goals.

3. Discovering that paying high performers significantly more than low performers weakened team trust and the essential social connectivity that contributes to strong team-based decision-making, means that you are using C. Evidence-based management style.

What is evidence-based management?

Evidence-based management helps managers to embark on critical evaluation of the following factors concerning the evidence:

ValidityGeneralizabilityApplicability.

Thus, the rational decision-making process involves choosing the best solution to a problem.

Learn more about rational decision-making at https://brainly.com/question/25870371


Related Questions

Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? Most workers will start advanced jobs with this level of education. Most workers are working on a seasonal basis in Hospitality and Tourism careers. Most workers receive on-the-job training to learn what they need to know. Most workers take post-secondary classes to work in Hospitality and Tourism careers.

Answers

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

What is a Hospitality and Tourism career?

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.

People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.

Therefore, the correct option is c.

Learn more about hospitality and tourism career here:

https://brainly.com/question/2789223

Why do you think that people might treat a small purchase like a snack, differently from the way they would treat the purchase of something like a washing machine? Do you consider yourself a smart consumer? Why ?

Answers

I think people would treat a small purchase like a snack differently than that of a bigger purchase like a washing machine because they would like to save up money and spend less. By buying a snack it’s a very small amount of money whereas a washing machine is a big amount of money so most people would by a snack rather than a washing machine mostly if they had little money because if the bought a washing machine they would either have a very little bit of money left or no money at all. Also I would consider myself a smart consumer because I only buy things or spend my money if I really need the thing that I am spending my money on.

Technical skills that apply to the business at hand are most often necessary at.

Answers

The area where technical skills are most often necessary is in the:

Lower levels of management

What is Management?

This refers to the organisation, handling and overall charge of a particular area of work.

With this in mind, we can see that technical skills are most often necessary in the lower levels of management in business as the require the ability to perform very specific tasks.

Read more about technical skills here:

https://brainly.com/question/4422825

Marketing to consumers based on research of the entire process consumers go through when making a purchase is known as _____

Answers

known as shopper marketing

Celebrate Corp. is an apparel company. After a slow start, it saw a steep rise in the number of its customers and a remarkable increase in its profits. However, with the launch of competing apparel manufacturers in the market, the profits of Celebrate have started declining. To sustain its growth in the market, the managers of Celebrate should _______.

Answers

To sustain its market growth, the managers of Celebrate Corp. should b. shift to aggressive brand advertising and open new branches.

What is aggressive brand advertising?

Aggressive brand advertising involves the use of provocative tactics to generate and capture the attention of the intended audience (customers).

Aggressive branding draws attention to itself by creatively depicting competitors in a bad light.


Answer Options:

a. suggest top management to reduce the number of employees in the company

b. shift to aggressive brand advertising and open new branches

c. distribute the company's products at limited outlets

d. focus on primary demand stimulation rather than advertising to the brand

Thus, to sustain its market growth, the managers of Celebrate Corp. should choose Option b.

Learn more about aggressive brand advertising at https://brainly.com/question/2889076

The closing entry for dividends involves a debit to Retained Earnings and a credit to Dividends Declared. The debit to Retained Earnings causes a(n) in the balance of the account.

Answers

As a result of a debit to the Retained earnings account, the balance would decrease.

What happens when Dividends are declared?They are taken from the profits of the business.These profits are represented by the retained earnings account.

Retained earnings are an equity account which means that they are credited when they increase. When they are debited therefore, they will see a decrease.

In conclusion, the balance would decrease.

Find out more on retained earnings at https://brainly.com/question/26251019.

I NEED THIS NOW

Three key skills are necessary if you want to be a leader: ___________, ___________, and ___________.


A. interpersonal communication, problem solving, and organizational skills


B. organizational skills, teamwork, and problem solving


C. teamwork, conflict resolution, and athletic ability


D. teamwork, problem solving, and motivation

Answers

The three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

Who is a leader?

A leader is someone who get things done through others. The leader in an organization directs the affairs hence would be held accountable for the success or otherwise of the organization.

Leaders need to have various skills that will contribute to the success of their leadership abilities. However, the basic ones are interpersonal communication, problem solving, and organizational skills.

Some other leadership skills are ;

Decisiveness, ability to make decisionsCapabilities to mentor as well to teachRelationship building strategyAbility to solve problemPerseverance

Hence, the three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

Learn more about leadership skills here: https://brainly.com/question/13679833

Firms that are price takers :___________
a) are small relative to the total market.
b) produce products that are different than their competitors.
c) can sell only a portion of their output at the market price.
d) have downward-sloping demand curves.

Answers

I think the answer is C)can sell only a portion of their output at the market price

After establishing values statement, what is the next step in planning?.

Answers

The next step in planning after establishing values statement is : How to accomplish the established goals.

What is planning process?

Planning process refers to a management process concerned with defining goals for a company's future direction and determining the resources required to achieve those goals. The planning process is the step a company takes to develop budgets to guide its future activities.

The management of any organization can be classified based on roles and responsibility as stated in the organization's charter. The next step is deciding how to accomplish the established goals.

Therefore, the next step in planning after establishing values statement is : How to accomplish the established goals.

Learn more about planning process here : https://brainly.com/question/25453419

The United States has raised the taxes on tomatoes imported from Mexico. These taxes are an example of a(n) Group of answer choices subsidy referendum antidumping policy. local content requirement. tariff.

Answers

The taxes by the United States are an example of tariff.

Where does the US get tomatoes?

The country of Mexico is known to be the leading exporter of fresh tomatoes to the United States.

A tariff is known to be the tax imposed by a country on the goods and services that is been imported from another country.

Learn more about  imported goods from

https://brainly.com/question/1638434

how does analytical skills help to solve problems​

Answers

Answer:

how does analytical skills help to solve problems

Analytical skills

The ability to examine information or a situation in detail in order to identify key or important elements, their strengths and weaknesses and use these to compile a persuasive argument, make recommendations or solve a problem.

[tex]TextFromYourMrEx[/tex]

#CarryOnLearning

In addition to their illegal methods of gaining land in Central America, what other mistake did the United Fruit Company make, which resulted in the rapid spread of a banana fungus? What general business lesson could be learned from this mistake?

Answers

The rapid spread of the banana fungus was caused by monocropping and not quarantining farm machineries and crops.

What is Quarantine?

This process involves the isolation of certain materials so as to prevent the spread of diseases.

This is important as it curbs the spread and ensures that large loss isn't recorded. In the case of the United Fruit company, it didn't happen which led to the proibelms faced.

Read more about United Fruit company here https://brainly.com/question/8749028

Giraffes use their extremely long necks to reach the leaves high up on acacia trees, which other animals cannot reach, giving them a food source for which they have few competitors. What can you conclude about natural selection from this observation

Answers

Answer:

The giraffes with the longest necks survive and produce offspring.

Explanation:

I took the test and it was right.

If you dont mind I know this is an older question, but can you give me brainliest? and 5 stars so that the other people know its right immediately when they look at it. Thank you.

If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

Answers

Answer:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.

Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building?

Answers

The example of building that's illustrated by the developer is a custom building.

What is a custom building?

It should be noted that a custom building simply means a building that's built based on what the owner wants.

In this case, since the developer contracts to build a home according to the buyer's specifications, it s an example of custom building.

Learn more about building on:

https://brainly.com/question/508027

A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ________ organization.

Answers

Answer:

functional

Explanation:

A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ____functional____ organization.

Managers looking for advice on properly dealing with obsolete technology hardware can: Group of answer choices

Answers

There are lots of improve in technology. Managers looking for advice on properly dealing with obsolete technology hardware can consult the e-Stewards program.

What is obsolete hardware?

Obsolete is said to be a term that means  outdated computer hardware, software, technology, etc.

It means that they are no longer in use. Even though they are in working condition and they tend to be replaced by better technology. By consulting the e-Stewards program, suggestions will be given to you on how you should go about it.

Learn more about obsolete hardware from

https://brainly.com/question/3273029

What is the maximum number of days Selma can use the cottage before her expense deduction will be limited to her gross rental income?

Answers

Answer: 14 days

Explanation:

Suppose as a result of a 5% increase in the price of pizza, the demand for soft drinks decreases by 1.1%. In this example, soft drinks and pizza are

Answers

Soft drinks and pizza are example of complement goods.

What are complement goods?

Complement goods are goods, where the price of one rises and as a result the demand for the other falls. This implies that these two goods are complement.

Example of complement good is If the price of coffee​ rises, and as a result the demand for sugar​ falls, this implies that these two goods are complement.

Hence, the demand for soft drinks and pizza are example of complement goods.

Learn more about complement goods here: https://brainly.com/question/26511645

Rosario and pamela work together. They are also friends outside of work. Rosario and pamela are constantly texting each other. Their supervisor comments that, while this might be fine outside of work, it’s inappropriate to constantly text each other in the office. This is an example of:.

Answers

The fact that Rosario and Pamela are co-workers but also friends outside of work corresponds to a context of interactions, which is a process of interaction between two people, which can occur in different ways.

Interpersonal comunication

It is defined as the exchange of information between two or more people through different channels and verbal or non-verbal signals.

In the workplace, therefore, interpersonal communication must occur in a professional and ethical way, so that there is maintenance of a strengthened organizational culture and based on cooperation.

The correct answer is:

Context os interactions

Find out more information about interpersonal comunication here:

https://brainly.com/question/4538476

The loss in total surplus resulting from a tax is called.

Answers

Answer:

Deadweight loss

Explanation:

:D

Nick and Ethan would like to start a new business selling a product new to the United States. They have done a considerable amount of research on this product and think it would be successful. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a:___________

Answers

Nick and Ethan should organize their firm as a Corporation.

What is a corporation?

A corporation, is often known as a C corp. This is described as a kind of a legal entity that is said to be separate from all of its owners.

The Corporations is one that can make a profit, and they can be taxed, and also be held legally liable.

The Corporations is known to give a kind of the strongest protection to its owners from any kind of personal liability.

Learn more about Corporation from

https://brainly.com/question/2514694

Cage Company had net income of $353 million and average total assets of $2,010 million. Its return on assets (ROA) is:

Answers

Based on the information given its return on assets (ROA) is: 17.56%.

Return on assets

Using this formula

Return on Assets = Net Income/Average Total Assets

Where:

Net Income=$353 million

Average Total Assets=$2,010 million

Let plug in the formula

Return on Assets = $353 million/$2,010 million×100

Return on Assets=17.56%

Inconclusion its return on assets (ROA) is: 17.56%.

Learn more about return on assets (ROA) here:https://brainly.com/question/4973152

Determine the efficient market being discussed in each of the following situations.
1. PSE provided all the necessary informations needed by the traders both public and private in the price of stocks.
2. Ms. Kayecee is a regular trader of stocks in the market. Based on the data presented to her, stock prices reflected all past market trading and historical information only.
3. Under this theory, investors still cannot gain systematic profits even if they gather information that is not yet publicly known.
4. Mark, Michael and Marianne are activetly engaged in trading stocks. Based on the reflected stock prices information available include the product, management team, financial statement, competitors and industry.
5. One hundred traders attended the bidding for the newly offered shares. These traders had access on the past​

Answers

Answer:

1. Strong

2. Semi-strong

3. weak?

4. Strong

5. weak

Explanation:

Not sure about 3

Human resource management requires careful and discreet _____.
a) monitoring of personal conversations among employees
b) monitoring of off-duty employees undermining
c) the reputation of rival companies record keeping

Answers

Answer:

hope it helps

Explanation:

a. monitoring of personal conversation among employees.

Nike is updating data about its many marketing segments for athletic shoes. The company uses a number of variables for segmenting the athletic shoe market, but is especially interested in consumer patterns of living as expressed through activities, interests, and opinions including the ways people spend time, the extent of their interaction with others, and their general outlook on life. Nike is currently evaluating _______.

Answers

Nike is currently evaluating the target Audience.

What Is a Target Audience?

The  target audience of a person is known to be a specific group of consumers that is said to be likely to want your product or service.

They are the group of people who one should see as one's ad campaigns. Target audience is said to be dictated by the age, gender, income, location, etc.

Learn more about Target Audience from

https://brainly.com/question/12249092

If a street address and a building name are included in an address, disregard a. none of these choices. b. both the street address and building name. c. the building name when determining filing order. d. the street address when determining filing order.

Answers

The thing which should be disregarded when trying to locate an address is:

d. the building name when determining filing order.

What is an Address?

This refers to a location where a person lives or where a place is found or situated and can easily be found.

With this in mind, we can see that when a person is trying to locate an address, it is important that he disregards the building name when determining filing order.

Read more about addresses here:
https://brainly.com/question/25478986

Value is the cash value of an investment at some time in the.

Answers

Future Value is known to be the cash value of an investment at some time in the Future.

What is Future value (FV)?

Future value (FV) is known to be the amount  of a current asset at a future date due to a form of an assumed rate of growth.

This kind of value is vital to investors and financial planners, as they often make use of it in the estimation of how much an investment made today will be of a good worth in the nearby future.

Learn more about Future Value from

https://brainly.com/question/24703884

how many sectors are there in the environmental services pathway

Answers

Answer:

how many sectors are there in the environmental services pathway ?

➢Environmental services are one of 12 classified service sectors under the GATS framework.

[tex]TextFromYourMrEx...[/tex]

#CarryOnLearning

savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of

Answers

Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.

What is Economies of scale?

It is a phenomenon that is observed when a company grows larger and becomes more efficient.

It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.

In conclusion, this is economies of scale.

Find out more on economies of scale at https://brainly.com/question/972118.

Other Questions
Refer to your Who Is Sonia Sotomayor? book for a complete version of this text.Part AWhat is the main idea of Chapter 9?A-Politicians doubt that Sonia will be a capable Supreme Court justice, so she must go through a special approval process.B-Sonias family worries that she will forget about her past once she is a Supreme Court justice.C-When she is chosen to serve as a U.S. Supreme Court justice, Sonia makes history.D-Sonia wants to become a Supreme Court justice so that she can meet popular politicians and performers from Puerto Rico.Question 2Part BWhich detail from the text best supports the answer to Part A?A-Jennifer Lopez, the famous singer, also had a big party at her mansion on Long Island.B-The president wanted to be sure Sonia didnt have any problems or ugly secrets in her past.C-She would be only the third woman, and first Hispanic, ever to sit on the court.D-Even though she was about to become a Supreme Court justice, she didnt want to start acting differently. the example of flash drive? Natasha is a regional manager for a chain of supermarkets. She has been tasked with researching the weekly sales records of two branch locations over the past month, which she must present to her board of directors. She was able to assemble the relevant information in the table below, but it is scrambled and hard to read. Sales are listed in thousands of dollars. Week 4 1 1 3 4 2 3 2 Sales 16. 3 17. 8 23. 1 15. 2 20. 2 23. 4 22. 9 17. 6 Branch North South North South South North North South In order to make the data more readable, Natasha has decided to put it into a graph. Which of the following graphs accurately matches the information in the table? I. A bar graph has week on the x-axis and sales (dollars times 1,000) on the y-axis, from 15 to 23. Week 1 North, 23. 1; week 2 north, 23. 4; week 3 north, 22. 9; week 4 north, 16. 3. Week 1 south, 17. 8; week 2 south, 17. 6; week 3 south, 15. 2; week 4 south, 20. 2. II. A line graph has week on the x-axis and sales (dollars times 1,000) on the y-axis, going from 15 to 23. III. A graph has week on the x-axis and sales (dollars times 1,000) on the y-axis, going from 15 to 23. Points are plotted all over the graph. IV. A pie chart titled Sales (dollars times 1,000). North 1, 16. 3; North 2, 17. 8; North 3, 23. 1; North 4, 15. 2; South 1, 20. 2; South 2, 23. 4; South 3, 22. 9; South 4, 17. 6. A. I b. II c. III d. IV. Lee recorded the number of push ups he did each each day for six days his data are listed below 68,41,58,75,48,40 what are the mean and the median of lees data set Hleppppp please Matt scored 5 runs in each of the 3 baseball games that he had this week. How many runs did Matt score this week?351315 What effect did "Uncle Tom's Cabin" have on the North? Question 6 options: it didn't affect the North it made the North realize just how bad slavery was and begin to fight against it it made the North want to expand slavery it led to increased sympathy for slaveowners in the South. 50 POOOINTS 2 QUESTIONS FOR MY POWERPOINT What are the officials at the state level and the officials at the local level Felicia has a garden in the shape of a parallelogram as shown.What is the area of her garden?72 ft 75 ft92 ft96 ft If AS = 20 and BS = 5, what is the measure of AC? Round to the nearest hundredth. Show all your work. how did elizabeth deal with the threat of mary queen of scots From 1981 to 2001, which change was most likely happening in the us economy?. HELP ASAP!!!3 2/5 + 5 1/5 + 2 4/5 A plant has wrinkled seeds. In this species, round seeds are the dominant tralt over wrinkled seeds.What can you say about this plant?O If the phenotype Is RR, the genotype is wrinkled seedsO Plants with RR and Rr genotypes will all have wrinkled seedsO If the plant has wrinkled seeds, the genotype must be rrIf the plant has wrinkled seeds, It's genotype is RrNI When the rejection region is in the lower tail of the sampling distribution, the p-value is the area under the curve _____. How did Thomas Hobbies contribute to the enlightenment Why does virtual reality rely on slightly different views for each eye brainly. Over the last three evenings, Diane received a total of 105 phone calls at the call center. The third evening, she received 4 times as many calls as the second evening. The first evening, she received 9 fewer calls than the second evening. How many phone calls did she receive each evening?' Why did the younger queen appoint Phattejung in the post of Mukhtiyar? Yall i need help i cant think of a one paragraph long fiction story can someone please help me. Which of following has the least ecological tolerance to climate change? - Small island close to the mainland - Small island far away from the mainland - Large island close to the mainland - Large island far away from the mainland